Travel Technology News Page 14
Cloudbeds redefines PMS with native business intelligence for hoteliers
Cloudbeds, a global leader in hospitality management software, has become the first property management system to provide hoteliers with a native and hospitality-specific business intelligence (BI) solution. Built entirely in-house, Cloudbeds Insights is native to the Cloudbeds PMS and is designed to reduce the hospitality sector’s reliance on industry-agnostic BI solutions, giving customers unprecedented data access and flexibility within their PMS.
American Airlines renews subscription with Sabre PRISM
Sabre, a leading software and technology company powering the global travel industry, has announced that American Airlines has renewed its subscription to PRISM, Sabre’s industry-leading corporate travel contract management solution used by more than 30 of the world’s premier airlines.
Next-gen ancillaries could save airlines from post-summer yield plunge, says InterLnkd
With inflation squeezing customers and airlines scrambling to fill seats, industry giants like Ryanair and Cathay Pacific are sounding the alarm: yields are likely to soften at the end of the summer. According to InterLnkd – the travel industry’s intelligent shopping mall partner – savvy airlines are already ahead of the curve, embracing innovative concepts to diversify their ancillary revenue streams.
Mirai announces 18% increase in direct hotel sales share in Spain for summer 2024
The share of hotels sold via the direct channel in Spain increased by an average of 18% during the summer of 2024 over other channels thanks to the determination of the hoteliers to improve the profitability of the hotels again, according to data from Mirai. Although during the initial weeks of the UEFA Euro Cup 2024 sales growth slowed down, probably also due to the bad weather in Spain, in the last few days the company has observed that growth is picking up again. This rebound suggests a potentially very positive last-minute booking trend in most tourist destinations.
Traxo Unveils Expanded Partner Marketplace: The Hub for Integrated Travel Solutions
Traxo, the leader in comprehensive travel data solutions, is excited to announce the expansion of its Partner Marketplace. This central hub showcases Traxo’s extensive partnerships with travel suppliers and industry-leading solution providers across various categories, including duty of care, business intelligence, sustainability, savings, expense management, travel management companies (TMCs), consulting firms, and more. Newly integrated partners include Healix, Global Guardian, Everbridge, TravelBank, Emburse and Zoho Expense.
American and Asian tourists reshape the market
As the high season kicks off in northern hemisphere tourism destinations, TourReview, the leading review platform for tours and activities, has conducted an in-depth analysis of the latest trends in the sector. This summer promises to be slightly different from the last, as American and Asian tourists begin to fly long haul again, introducing new dynamics to the market. According to TourReview’s analysis, tour and activity operators need to adapt to this emerging pattern. Long-haul travellers, particularly from the United States and Asia, tend to book activities further in advance compared to other tourists.
Freedomverse and the Tourism Authority of Thailand Partner to Elevate Thailand Travel
Freedomverse, the innovative Web3 builder behind the Freedom World application, is proud to announce a strategic partnership with the Tourism Authority of Thailand (TAT) under the campaign “Discover Thailand by Amazing Thailand x Freedom World.” Introducing the groundbreaking Freedom World mobile application designed to enhance community-driven experiences with Web3 technology.
NDC Adoption Drives Surge in Direct Airline Bookings, Observes Traxo
Since the surge of New Distribution Capability (NDC) focus and adoption spurred by American Airlines in 2023, Traxo has seen a material uptick in non-TMC bookings for air travel. Through the complete on- and off-platform bookings Traxo captures – as the leading provider of real-time corporate travel data capture – and via its NDC status monitoring site, NDCtracker.com, the company has observed a significant NDC adoption trend towards in-direct air bookings, rising from 18.7% in January to 30.6% in June.
Leading leisure B2B booking engine Travel Compositor launches tech solution for TMCs
Spain-based Travel Compositor, a leading provider of booking engine solutions for online leisure travel sellers, today announced that it is launching a technology solution for Travel Management Companies (TMCs) called “TC 4 Business Travel”. Responding to the demand and needs of several of their clients who work in both the leisure and business segments, Travel Compositor – which bases a large part of its innovation on its clients own suggestions – has worked for more than a year in collaboration with B2B TMC clients who requested this to create a business travel platform unique for its features and solutions which the company describes as ‘holistic’.
Kyte and TPConnects announce a strategic partnership
Kyte, a technology company specialising in providing access to low-cost inventory via a modern and standardized API, is pleased to announce a new strategic agreement with TPConnects, an IATA-certified global travel aggregator and distribution technology company. TPConnects is one of the leading aggregators, with a worldwide customer footprint.
Web in Travel announces theme for 2024 event: “Next Generation”
Web in Travel (WiT), a leading global news and event platform for the travel technology industry, has announced the theme for its upcoming Singapore edition: “Next Generation’. Taking place October 14-16, 2024, at the iconic Marina Bay Sands Expo & Convention Centre, WiT Singapore will serve as a launchpad for the future, convening travel and technology leaders to explore the transformative forces shaping the travel landscape in Asia.
Travel landscape set for transformation this year, says Cloudbeds
Cloudbeds, the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, has spotlighted key developments poised to reshape the travel industry this year. The findings, featured in Cloudbeds’ 2024 State of Independent Lodging Report, include new spins on experiential travel, the rising popularity of inflation-busting travel hacks, and a growing demand for new skills among next-generation hoteliers.